No Signal, No Trade. No fundamenals, No headache.
Cable Update (GBPUSD)
- #233,382
- Jun 23, 2010 11:35am Jun 23, 2010 11:35am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
all we can do is trade our own trading system. we all have our own idea where's it's going, lets see where it takes us, good luck to all.
with do respect what system u are talking about when we are waitng for the fed's rate i sow cable gos up 300pips and down when the news came out some in here do remember the old days once the dam dow went up on me 500pips in 2m best of luck to u
- #233,383
- Jun 23, 2010 11:36am Jun 23, 2010 11:36am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
IMO, we will see 150ishh by tomorrow cloggie unless markets tank badly tonight or someone nuke's the city
DOW closed 130 points down yesterday cable rose 140+ today regardless. Dow is still down and might be more down once we have FOMC minutes over but cable won't go down. Infact look at Kiwi went UP/Down/UP again for GDP news tonight. There is always a reason behind these dodgy moves.
Don't be fooled by this PA. It's very very bullish for a reason and nothing can drop cable other than factors above.
ta
ams
- #233,384
- Jun 23, 2010 11:40am Jun 23, 2010 11:40am
- Joined Feb 2010 | Status: Inactive | 6,482 Posts
I don't know if by tomorrow, but I agree with you that we will see 1.50 at some point soon, certainly before any big moves down.
there are so many in here that no matter what the market does they make money. and if they do not they get stopped out break even always
watch this ...
At best fx traders can expect 70% winning trades. If they could get higher they would be hired by the best hedge funds and trade others money with no risk. Alkso they would be multi billionaires
" and started reading the comments from where i left yesterday and this one is very interesting. My trading strategy gets me well over 80% winning trades. Lately i have been posting my trades here as i place them on my platform and posting up again usually within 1hr showing you my tp got hit as proof that my trades are real. Now the problem with all of this is that i am still NOT a billionaire and i have been trading like this successfully for a little over 3 years. One suggestion for the newbies as i said in my last post, DO NOT choose random people and follow their trades blindly. You should NOT follow anybody's trades until you have an idea about their consistency. Although it is NOT suggested that you follow anyone's trades as you should have your own trading plan and strategy. Another thing i noticed in this thread is that a lot of people over analyze the market wayyy too much. I don't mean to be disrespectful or pretend to know it all but that's just the reality. You and i are in this business to make money and stay making money in this business, and hopefully a lot of it. When you spend most of your time not just analyzing the market but really over doing it, you really forget about the initial reason you're doing it in the first place, WHICH IS TO MAKE MONEY. That's just my two cents for traders here.
- #233,387
- Jun 23, 2010 11:45am Jun 23, 2010 11:45am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
- #233,388
- Jun 23, 2010 11:47am Jun 23, 2010 11:47am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
your own trading system.
i dont have one
- #233,390
- Jun 23, 2010 11:48am Jun 23, 2010 11:48am
- Joined May 2009 | Status: User of Geppy patience pills | 7,645 Posts
Don't be a hero. Don't have an ego. Always question yourself
- #233,391
- Jun 23, 2010 11:53am Jun 23, 2010 11:53am
- Joined Nov 2009 | Status: voodoo boodoo hit man | 17,076 Posts
Well this is really interesting. I just woke up to a beautiful profit "as usual
man i am happy for u keep it up wish u more greeny days
- #233,399
- Jun 23, 2010 12:19pm Jun 23, 2010 12:19pm
Well this is really interesting. I just woke up to a beautiful profit "as usual
Thank you in advance for anything you can share,
Mike